TFB Advisors LLC Reduces Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

TFB Advisors LLC decreased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,087 shares of the company’s stock after selling 1,660 shares during the quarter. TFB Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,306,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Sugarloaf Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $40,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $40,000. Eastern Bank purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $57,000. Blue Trust Inc. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.1 %

Shares of RDVY stock opened at $62.43 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63. The stock has a market capitalization of $13.62 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The stock has a fifty day simple moving average of $61.27 and a two-hundred day simple moving average of $59.86.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Profile

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.